Stocks continued to climb during the third quarter as escalating tensions with North Korea, a series of devastating storms, and the Fed's announcement that it would begin to normalize its balance sheet didn't dent the market as investors focused on the prospects of lower corporate tax rates. The broad-based Morningstar US Market Index rose 4.5% in the quarter and has risen over 14% year to date.

Morningstar's analysts have provided an in-depth review and outlooks across equity sector, fund categories, and the broader economy. Their takes are below along with quarter-end fund category and index data.